Wednesday, December 18, 2019
Learnings in Operations Management from Henry Ford, Sloan...
The success of Henry Ford till 1925s Henry Ford did not invent the automobile. He didnââ¬â¢t even invent the assembly line. But more than any other single individual, he was responsible for transforming the automobile from an invention of unknown utility into an innovation that profoundly shaped the 20th century and continues to affect our lives today. Model T (A car for everyman) In simple terms, the Model T changed the world. It was a powerful car with a possible speed of 45 mph. It could run 25 miles on a gallon of gasoline. It carried a 20-horsepower, side-valve four-cylinder engine and two-speed planetary transmission on a 100-inch wheelbase. It was Henry Fordââ¬â¢s foresight which saw the potential market of automobiles. In hisâ⬠¦show more contentâ⬠¦Advantages of assembly Line : In his autobiography Henry Ford (1922) mentions several benefits of the assembly line including: ï⠷ ï⠷ ï⠷ ï⠷ ï⠷ Workers do no heavy lifting. No stooping or bending over. No special training required. There are jobs that almost anyone can do. Provided employment to immigrants. The gains in productivity allowed Ford to increase worker pay from $1.50 per day to $5.00 per day once employees reached three years of service on the assembly line. Ford continued on to reduce the hourly work week while continuously lowering the Model T price. Interchangeable/Standard Parts Centre to the concept of assembly line was the concept of interchangeable parts. Interchangeable parts meant that all the cars had same components at same place. This saved time which could have been wasted in sorting and identification of different parts. Henry Ford made sure that all components were standardised in the production of Model T. But it was not only parts which were standardised, Henry Ford also standardised all the processes. Following Frederick Taylorââ¬â¢s ââ¬Å"One right way to do the taskâ⬠, Henry Ford devised the best possible way for a process. These were usually devised by detailed study of every task, time measurements and dividing tasks into small, controllable and reproducible steps. Labour policies Ford astonished the world in 1914 by offering a $5 per day wage ($120 today), which more than doubled the rate of mostShow MoreRelatedMachine That Changed the World Review6488 Words à |à 26 PagesInto the Future Lean Enterprise Model Womack Video 3, 4 5 Readings and Links Manufacturing Resources Manufacturing Department Tutorials - Lean Production / Lean Manufacturing The Machine that changed the World DEFENSE SYSTEMS MANAGEMENT COLLEGE MANUFACTURING MANAGEMENT DEPARTMENT TEACHING NOTE George Noyes, 1997 The Machine that Changed the World (Synopsis) This book was written by the three senior managers of the International Motor Vehicle Program. 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